Zest SpAMIL:ZEST -0.87%23 Days Payable is 410.56 as of Dec. 2025, which is 127% above its 10-year median of 180.54. GuruFocus rates MIL:ZEST with a GF Score™ of 23/100 and a GF Value™ of €0.14 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 483 Asset Management companies, Zest SpA ranks better than 79.71% on this metric.
Zest SpA's average Accounts Payable for the
six
months ended in Dec. 2025 was €3.34 Mil. Zest SpA's Cost of Goods Sold for the
six
months ended in Dec. 2025 was €1.49 Mil.
Hence, Zest SpA's Days Payable for the
six
months ended in Dec. 2025 was 410.56.
The historical rank and industry rank for Zest SpA's Days Payable or its related term are showing as below:
MIL:ZEST'
s Days Payable Range Over the Past 10 Years
Min: 92.51 Med: 180.54 Max: 428.66
Current: 350.83
During the past 13 years, Zest SpA's highest Days Payable was 428.66. The lowest was 92.51. And the median was 180.54.
MIL:ZEST's Days Payable is ranked better than 79.71% of 483
companies
in the Asset Management industry
Industry Median: 72.22
vs MIL:ZEST: 350.83
Zest SpA's Days Payable
increased
from Dec. 2024 (346.74) to Dec. 2025 (410.56).
It may suggest that Zest SpAdelayed paying its suppliers.
Zest SpA Days Payable Related Terms
Zest SpA Days Payable Historical Data
* Premium members only.
The historical data trend for Zest SpA's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Zest SpA's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Zest SpA Days Payable vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Zest SpA's Days Payable distribution charts can be found below:
* The bar in red indicates where Zest SpA's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Zest SpA's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zest SpA (MIL:ZEST) has a Days Payable of 410.56 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zest SpA and its competitors. This is 127% above median its historical median of 180.54. Over the past decade, Zest SpA's Days Payable has ranged from 92.51 to 428.66. According to the industry distribution chart, Zest SpA ranks #98 out of 483 companies in the Asset Management industry, placing it in the top 20.3%.
Is Zest SpA's Days Payable too high?
Zest SpA's current Days Payable of 410.56 is 127% above median its 10-year median of 180.54. Over the past 10 years, this metric has ranged from a low of 92.51 to a high of 428.66. The Asset Management industry median Days Payable is 72.22. Zest SpA's value of 410.56 is 468.5% above this industry median. Based on the distribution chart, Zest SpA ranks #98 out of 483 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Zest SpA has a GF Score™ of 23/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zest SpA's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Zest SpA ranks #98 out of 483 companies for Days Payable. This places Zest SpA in the top 20% of its industry — outperforming the majority of peers. The industry median Days Payable is 72.22. Zest SpA's value of 410.56 is 468.5% above this benchmark. Historically, Zest SpA's own Days Payable has ranged from 92.51 to 428.66 over the past decade. While the company's 10-year median is 180.54 vs. the industry median of 72.22, Zest SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 72.22, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zest SpA's current Days Payable of 410.56 is 468.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zest SpA and its competitors. For the Asset Management industry, the median Days Payable is 72.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zest SpA's current Days Payable is 410.56, which is 127% above median its own 10-year median of 180.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zest SpA stock overvalued right now?
Based on GuruFocus' analysis, Zest SpA (MIL:ZEST) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.14, compared to a current price of €0.11 — trading 18.6% below its estimated fair value. The current Days Payable is 410.56, which is 127% above median its 10-year median of 180.54 and 468.5% above the Asset Management industry median of 72.22. Zest SpA's overall GF Score™ is 23/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Zest SpA (MIL:ZEST), the current Days Payable is 410.56 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zest SpA (MIL:ZEST) Overvalued in 2026?
Based on GuruFocus' analysis, Zest SpA stock appears to be undervalued.
The current stock price of €0.11 is trading 18.6% below its estimated GF Value™ of €0.14.
GuruFocus considers Zest SpA to be Modestly Undervalued.
Key valuation signals for MIL:ZEST:
Days Payable: 410.56 (127% above median its 10-year median of 180.54)
GF Value™: €0.14 vs. price of €0.11 (18.6% below fair value)
Industry Position: 468.5% above the Asset Management median (#98 of 483)
No single metric tells the full story. See the MIL:ZEST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zest SpA formerly LVenture Group SpA is a holding company. It operates in the Private Equity and Venture Capital and provides financial support for the development of StartUp, bringing also a network of relationships and high sectoral expertise.
23GF Score
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